Vanguard High-Yield Corporate PO Box 2600 V26 Valley Forge PA 19482
Phone: 800-662-2739
| Category: |
High Yield Bond |
| Fund Family: |
Vanguard |
| Net Assets: |
5.73B |
| Year-to-Date Return: |
0.83% |
| Yield: |
7.46% |
| Morningstar Rating: |
 |
| Fund Inception Date: |
27-Dec-78 |
|
Michael L. Hong
Lead Manager since
14-Feb-08 |
|
| Michael L. Hong, CFA, vice president, fixed-income credit analyst and portfolio manager of Wellington Management, will manage the Vanguard High-Yield Corporate Fund and the VVIF-High-Yield Portfolio. Mr. Hong, 35, who leads the firm?s high-yield credit research team, has been with Wellington Management for 10 years. |
| Min Initial Investment: |
$3,000 |
| Min Initial Investment, IRA: |
$3,000 |
| Min Initial Investment, AIP: |
$3,000 |
| Min Subsequent Investment: |
$100 |
| Min Subsequent Investment, IRA: |
N/A |
| Min Subsequent Investment, AIP: |
$100 |
|
|
|
| The investment seeks high level of current income. The fund invests mainly in a diversified group of high-yielding, higher-risk corporate bonds with medium- and lower-range credit-quality ratings. It invests at least 80% of assets in corporate bonds that are rated below Baa by Moody's and have an equivalent rating by any other independent bond-rating agency; or, if unrated, are determined to be of comparable quality by the advisor. The fund may not invest more than 20% of assets in bonds with credit ratings lower than B or the equivalent, convertible securities, and preferred stocks. |
| Last Dividend
(29-Jan-10):
|
0.04 |
| Last Cap Gain
(31-Dec-98):
|
0.03 |
| Annual Holdings Turnover
|
N/A |
| Average for Category:
|
95.38% |
|
| Expense |
VWEHX |
Category Avg |
| Total Expense Ratio: |
0.32%
|
1.21% |
| Max 12b1 Fee: |
%
|
N/A |
| Max Front End Sales Load: |
%
|
4.46% |
| Max Deferred Sales Load: |
%
|
2.70% |
| 3 Yr Expense Projection*: |
$103 |
$639 |
| 5 Yr Expense Projection*: |
$180 |
$1,001 |
| 10 Yr Expense Projection*: |
$406 |
$2,022 |
|
|